TDK Ventures invests in Singapore-based startup Amperesand to empower global electrification through solid state transformers

TDK Ventures United Kingdom England United States of America California

Amperesand's grid infrastructure solutions are powered by innovative solid-state transformer (SST) technology to enable efficient, intelligent, and resilient electrificationTDK Ventures invested in Amperesand because of their groundbreaking and market-ready SST technology -  solving key challenges in the EV DC fast-charging sector, providing a critically needed solution for accelerating EV adoption and future-proofing of electric grid infrastructureor reach out at [e-mail].

About TDK Corporation
TDK Corporation is a world leader in electronic solutions for the smart society based in Tokyo, Japan. Built on a foundation of material sciences mastery, TDK welcomes societal transformation by resolutely remaining at the forefront of technological evolution and deliberately "Attracting Tomorrow." It was established in 1935 to commercialize ferrite, a key material in electronic and magnetic products. TDK's comprehensive, innovation-driven portfolio features passive components such as ceramic, aluminum electrolytic and film capacitors, as well as magnetics, high-frequency, and piezo and protection devices. The product spectrum also includes sensors and sensor systems such as temperature and pressure, magnetic, and MEMS sensors. In addition, TDK provides power supplies and energy devices, magnetic heads and more. These products are marketed under the product brands TDK, EPCOS, InvenSense, Micronas, Tronics and TDK-Lambda. TDK focuses on demanding markets in automotive, industrial and consumer electronics, and information and communication technology. The company has a network of design and manufacturing locations and sales offices in Asia, Europe, and in North and South America. In fiscal 2023, TDK posted total sales of USD 16.1 billion and employed about 103,000 people worldwide.

About TDK Ventures
TDK Ventures Inc. invests in startups to bolster innovation in materials science, energy/power and related areas typically underrepresented in venture capital portfolios. Established in 2019 as a wholly-owned subsidiary of TDK Corporation, the corporate venture company's vision is to propel the digital and energy transformations of segments such as next-generation transportation, robotics and industrial, mixed reality and the wider IoT/IIoT markets. TDK Ventures will co-invest and support promising portfolio companies by providing technical expertise and access to global markets where TDK operates. Interested startups or investment partners may contact TDK Ventures: www.tdk-ventures.com or [e-mail].

About Amperesand
Amperesand's infrastructure solutions, powered by novel solid-state transformer (SST) technology, enable efficient, intelligent, and resilient electrification on a global scale. Amperesand infrastructure systems are built with solid-state transformer (SST) modules. Each module contains silicon carbide (SiC) devices and proprietary high-frequency transformers that are significantly more efficient, flexible, and resilient than traditional transformers. This modularity allows for simple application-specific scaling. Amperesand's first SST systems will be available in 2, 4, and 6MW units, which can easily be combined for applications with larger power requirements. Its SST technology was pioneered by the Energy Research Institute at Singapore's Nanyang Technological University (NTU) and spun out by Xora Innovation. For more information, visit www.amperesand.io.

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TDK

Ms. S MACKENZIE

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Portland, OR, USA

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TDK Ventures

Mr. R. FINELLI

TDK Ventures

San Jose, CA, USA

[phone]

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